Investment
Investment , Emissions
Norway Plans $369 Million Green Industry Investments
The Norwegian government proposes spending 3.6 billion Norwegian crowns (US$369 million) on investments to make its economy greener as it gradually emerges from coronavirus lockdowns, the government said on May 29.
Restructurings , Investment , Company Profiles
Buddy Clark Executive Q&A: Chapter 2020
Energy banking in a pandemic that has diminished global oil and gas demand by at least 25%? A 38-year energy finance attorney and author of a history of oil and gas finance describes what the space looks like today.
Investment , Health, Safety & Environment , Emissions , Technology
Survey: Energy Transition to Remain Priority for Oil Industry Leaders
A recent survey revealed the energy transition will likely be immune to COVID-19 as 92% of oil and gas executives reported already having or developing a strategy to reduce reliance on fossil fuels.
Public Capital , Investment , Energy Capital Conference , Unconventional
Energy Commercial Banking: Reserve-Based Loans—with Caveats
A conversation with three commercial bankers reveals that the RBL markets are “open for business,” but none of them are promising it’s going to be easy for oil and gas producers to get fast cash backed by reserves.
Investment , International , Health, Safety & Environment , Emissions
Oil CEOs Pen Open Letter Pushing for Climate Change Action
The letter addresses concerns that the COVID-19 crisis may push oil and gas companies and governments around the world to delay action on climate change.
Public Capital , Investment , Energy Capital Conference , Shale Plays , Mergers
Sustained Outperformance Needed from Public E&Ps
Before the coronavirus pandemic and the oil price war, public investors had already thrown down the gauntlet to E&Ps. Companies, arguably, were learning to adapt, and they must keep doing so to access public capital in the new environment.
Private Equity , People , Investment
Kayne Anderson Reportedly to Consolidate Energy PE Teams, Chuck Yates to Leave
Kayne Anderson will consolidate its two energy private equity teams and one of the managing partners, Chuck Yates, will exit the firm, a source familiar with the matter told Reuters.
Investment , Digital Oilfield
Emerson Investing $100 Million to Create New Innovation Center in Colorado
Emerson, a global engineering and technology company, said May 20 it will invest more than $100 million in Boulder to significantly expand its manufacturing space and launch a new innovation center focused on research, new product development and industry training for its advanced flow measurement products.
Private Equity , Investment , Shale Plays , Mergers , Gathering & Processing , Pipelines
Midstream Private-Equity Investors Still Show Enthusiasm
Private-equity firms have billions in dry powder; the only question is timing.
Investment , Digital Oilfield , Logistics
ThoughtTrace Raises $10 Million to Advance AI-driven Contract Analytics Software
ThoughtTrace Inc., a leading document intelligence and contract analytics software provider, has closed a $10 million financing on May 20 led by McRock Capital, along with Chevron Technology Ventures and existing investor Altira Group.